Updated May 2026 · SEC EDGAR data
Cadence Design Systems, Q3 2023 Earnings
Technology · Period ending 2023-09-30
Cadence Design Systems (CDNS) reported Q3 2023 earnings to the SEC: revenue of $1.0B, EPS of $0.93, and net income of $254.3M. Sourced directly from Cadence Design Systems's SEC EDGAR XBRL filings. Sector: Technology.
Headline Numbers
Q3 2023 in Context
Cadence Design Systems reported Q3 2023 results to the SEC. Comparison data for prior quarters is not available for this period in the EarningsCallAI database.
That works out to a 24.9 percent net margin, strong profitability by any large-cap standard.
The TAILWIND Operator Read
Across the 8 quarters tracked, Cadence Design Systems carries an operator signal of TAILWIND with high confidence. Recent quarters show revenue acceleration; management commentary trends positive on demand and pricing. For operators in adjacent markets, the read is constructive.
How This Data Was Sourced
All numbers on this page come directly from Cadence Design Systems's SEC EDGAR filing for Q3 2023. EDGAR is the U.S. Securities and Exchange Commission's public filing system; quarterly results are filed on Form 10-Q and annual results on Form 10-K. XBRL tagging ensures revenue means revenue across every filer. The earnings press release is typically furnished as a Form 8-K. Both forms are public domain. Read the methodology for the operator-signal classification rules.
Frequently Asked Questions
What did Cadence Design Systems report in Q3 2023?
Cadence Design Systems reported revenue of $1.0B, EPS of $0.93, and net income of $254.3M for Q3 2023. Figures come from the company's SEC EDGAR XBRL filing.
Where does this earnings data come from?
All numbers on this page are pulled directly from Cadence Design Systems's SEC EDGAR XBRL filing for Q3 2023 (Form 10-Q for quarterly results, Form 10-K for annual). EDGAR is the SEC's public filing system; XBRL is a structured tagging standard that ensures revenue means revenue across every filer. Data is in the public domain.
What is Cadence Design Systems's current operator signal?
Cadence Design Systems currently carries a TAILWIND operator signal with HIGH confidence. The signal is calculated across all available quarters, not just this one, and combines a quantitative read of revenue trajectory with a qualitative read of management commentary. Read the methodology page for the formal classification rules.
Is this earnings analysis investment advice?
No. EarningsCallAI is built for business operators evaluating market trends, demand signals, and competitive dynamics, not for stock trading decisions. Operator signals are not buy/sell recommendations. Always consult a licensed financial advisor before making investment decisions.
When was the Q3 2023 report filed?
Cadence Design Systems filed its Q3 2023 results to the SEC for the period ending 2023-09-30. Quarterly filings (10-Q) are typically due within 40 days of period end for large accelerated filers; annual reports (10-K) are typically due within 60 days.
Cadence Design Systems (CDNS) reported Q3 2023 earnings to the SEC: revenue of $1.0B, EPS of $0.93, and net income of $254.3M. Sourced directly from Cadence Design Systems's SEC EDGAR XBRL filings. Sector: Technology.